This product offers more flexibility and larger loan amounts, designed to help you manage larger expenses with ease and convenience.
What’s different about the Beforepay Personal Loan?
Loan amounts from $2001 up to $3,000 – more to cover bigger expenses
More time to repay – greater flexibility with up to 3 months to repay
Low interest rate – competitive 18% p.a. interest rate to keep borrowing costs manageable.
The Beforepay Personal Loan will also come with a fixed 5% set-up fee of the amount you borrow, but no other hidden costs or charges. Keeping the way you borrow fast, simple and transparent is still our priority, so you always know what you owe and can focus on things that really matter.
How to apply
Applying is easy and can be done all within the Beforepay app!
Log in to Beforepay
Select the Personal Loan product, which should appear on your screen the next time you log in if you’re eligible.
Start your application
You’ll be asked to connect all the financial institutions you currently have accounts with and provide additional information about your income and expenses to help us assess your eligibility more accurately.
Get cash out!
If you’re approved, you’ll be sent your loan agreement that you’ll need to sign to unlock your loan. Funds will be transferred directly into your bank account.
You can only cash out a Personal Loan if you don’t currently have any other active loans with Beforepay, such as a Pay Advance or Tax Refund Advance.
*The Pay Advance product is different from the Personal Loan, which is a regulated product provided by BPG Credit Pty Ltd. Both companies are part of Beforepay Group Limited. BPG doesn’t receive any commission. This is not a recommendation and you should make an informed decision about your financial needs.